I'd say that we are still looking good for a breakout to the upside in the next few weeks... - Ascending Triangle - Similar to what happened a few weeks back - Ehlers CG Stochastic Oscillator looking saucy and in the exact same cycle it was in the aforementioned past event - Bearish scenario is that we bounce back down to the 7900$ range, in my opinion, possible...
Hopium was drawing charts to 20,000 when Bitcoin was $276. We are at less than 1% adoption lol. One use case the silk road and not a decade later every powerhouse in finance is putting Bitcoin ether and or XRP on the road map. Hopium was thinking Bitcoin would be used for anything buying dope when the only exchange was run a guys single computer and named after...
Do you promise not to tell? Closer, let me whisper in your ear I'll tell the words that you long to hear: Nobody knows now whether Bitcoin will sink or rise, but the crucial question that will determine much more is going to be whether or not the blue line crosses the red from bottom to top. I can say no more. Take care & good luck ReallyMe
Everything looks like there will be a huge move on Wed as BTC crosses the UTC into Thurs... too risky either way atm... we're all just waiting to see, but looks like wed will confirm 12/19/2019 0:00 UTC IMO. If it does rise, we may get stopped out around 8500, and then we'll probably retest the lows and reconsolidate IMO. It definitely has some downside...
Bounce in this channel for One last touch of the 200week MA in FEB ($5600) Pump to $9500 A retest of the 25 week MA before 1.5 to 2 years of a Bull market rally. There are you happy now? I think this has about a 35% chance of playing out vs. 65% that we have found or are really close to the bottom now. IMHO.
On the daily chart I can see XLMBTC is currently in a channel. Main idea is it keeps trading between the channel and trades are viable in the channel.
Short it now ( 10160 - 10200 ) TP1: 9700 TP2: 9110 SL: 10350 R/R: 2.9 If you don't want to risk (this position is a little aggressive) wait till breaking the 10025 and then short it in the pullback (even in lower timeframes). We have an Astrology timezone on 6 Sep. Check this chart :
Super specific on this TA, closing at 10.34k
Buy after a confirmed break above 194 Targets 212 220 Stop loss 190
The last call! It seems that the correction is over at 38% fibo level and the trend is going to be upside down soon. In weekly time frame that looks like a short pullback to the nasty red cloud. .
Hi friends! Welcome to this update analysis! Let’s get right to it! Looking at the Daily chart. Now, before we get bullish or bearish , we have to assess the data on the chart. If the most recent arrow is red, you should be short. If the most recent arrow is blue, you should be long. Keep your Stop Loss at 5% of the price. Looking back at the action...